July 11, 2024
To whom it may concern:
Company nameSansan, Inc.

Representative

Chikahiro Terada,
Representative Director & CEO(Code: 4443 TSE Prime Market)

Contact

Muneyuki Hashimoto,Director, Executive Officer, CFO

Tel+81-3-6758-0033

Notification Regarding Booking of Deferred Tax Assets and Extraordinary Losses, andDifferences in Consolidated Financial Results as Compared with Consolidated Full-Year
Earnings Forecasts or Actual Results for Previous Fiscal Year
Sansan, Inc. (“the Company”) announces today that it has booked the following deferred tax assets andextraordinary losses in the financial results for the fiscal year ended May 31, 2024 (“FY2023”). Inaddition, the Company announces the differences between the consolidated financial results for FY2023
and the consolidated full-year earnings forecasts for FY2023 announced on July 13, 2023 or the actual
results for the previous fiscal year (“FY2022”), as follows.
1. Details of Deferred Tax Assets
As a result of careful consideration of the recoverability of deferred tax assets based on FY2023, future
performance trends and other factors, the Company recorded deferred tax assets and deferred incometaxes of ¥(363) million (negative figure denotes a tax benefit) for FY2023.
2. Details of Extraordinary Losses
With regard to some of the investment securities held by the Company, the Company recorded under
extraordinary losses a ¥380 million loss on valuation of investment securities due to impairment,
because the market price had dropped significantly compared with their acquisition price.
3. Differences between Actual Results for FY2023 and Forecasts for FY2023 or Actual Results forFY2022
ProfitAdjusted
Basic
Operating
Ordinary
attributableNet sales
operatingearnings perprofitprofit
to owners of
profitshareparent
Previous
forecasts(a)Actualresults for
FY2023 (b)Change(b-a)
Change(%)
Actualresults for
FY2022 (c)Millions of yen

Millions of yen

Millions of yen

Millions of yen

Millions of yen

Yen

32,653
to33,674

1,240
to
1,852

―

―

―

―

33,878

1,709

1,337

1,224

953

7.59

1,225
to-204
3.8
to0.6

469
to-14237.9
to-7.7

―

―

―

―

―

―

―

―

25,510942

199

122-141-1.13

1Change―
―
1,138
1,102
1,094
―
(b-c)
Change―
―
571.2
903.3
―
―
(%)
Note: Adjusted operating profit = operating profit + share-based payment expenses + expenses arisingfrom business combinations (amortization of goodwill and amortization of intangible assets).
Note: As reasonably estimating share-based payment expenses, which may fluctuate greatly dependingon the Company's stock price level, and some other non-operating income and expenses are beset withdifficulties, specific forecast figures are disclosed for net sales and adjusted operating profit only.
4. Reasons for Differences(Difference from consolidated full-year earnings forecasts)
The difference between the actual adjusted operating profit and the lower end of the forecast range wasdue to continued strong sales.
(Difference from actual results for the previous fiscal year)
The differences in operating profit and ordinary profit were due to continued strong sales and theabsence of one-off expenses related to trust-type stock options incurred in the previous fiscal year. Also,
the difference at the level of profit attributable to owners of parent was mainly due to a decrease in
extraordinary losses compared to the previous fiscal year and the abovementioned booking of deferredincome taxes, on top of the difference at the level of ordinary profit.

2